George Soros' Family Office CEO: We Own Some Coins
Wikimedia.org/Niccolò Caranti
Main page News, Bitcoin, George Soros, Crypto Market, Institutional Investors

Soros Fund Management, George Soros' family office, has its own basket of cryptocurrencies, Soros Fund CEO, Dawn Fitzpatrick, told Bloomberg in an interview. While Fitzpatrick noted the fund has "not a lot" of coins, Soros Fund is more interested in spaces like decentralized finance (DeFi).

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"From our perspective again, we own some coins, not a lot, and the coins themselves are less interesting than the use use cases of DeFi and things like that," Fitzpatrick said.

Number of Bitcoins in Long-term Investors' Portfolios Hits New High

She has also doubted that bitcoin (EXANTE: Bitcoin) is viewed on the market only as an inflation hedge given the size of a market capitalization. The largest cryptocurrency by market cap, according to Fitzpatrick, has crossed the chasm to mainstream.

Earlier this year, The Street reported, citing sources familiar with the matter, that George Soros' family office started trading bitcoins. According to the publication, Dawn Fitzpatrick gave green light to trade not only bitcoins, but also other cryptocurrencies.

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